#15. Andrew Abernathey—Raising 10 Mil in Capital By Age 18
In this episode, Andrew Abernathey, CEO of Abernathey Holding Co., provides insight into his journey and how he used value investing to raise 10 mil by the age 18. Andrew shares his real estate roots, his mindset, and his current storage facility investment endeavors. Tune in to learn more from this driven hustler.
“I am the founder and CEO of Abernathey Holding Co. (AHC) I began my investing career at the age of 13, investing in a variety of public securities. Since the beginning, I have been deeply interested in Warren Buffett's value investing approach, and Gary Tharaldson’s simplicity approach.
Prior to beginning my investment career in full earnest, I always had a deep interest in business. This passion was exhibited with the commencement of other business operations. I, alongside my brother, founded Abernathey Brothers Farm, which is in the business of planting, growing, and harvesting thousands of acres of small grains to then sell in the open market. The operations have quickly grown into multiple locations in Lansford and Bottineau North Dakota. I believe Mr. Buffett's quote "One is a better businessman because he is an investor, and a better investor because he is a businessman.”
I launched AHC in August of 2012. AHC's investment strategy shifted in 2019 to only focusing, and investing in our farming operations and developing class-A self storage facilities across the United States. Since inception, AHC has achieved market-beating returns and has grown its assets under management.
Along with my corporate ventures, I am immersed in the nonprofit sector as well. Currently, I am working alongside, Fargo based, Unseen to fight human trafficking across the world. Not only do I like focus in my business life, but I also like it in my “giving back” strategies. I believe there should be a way to donate money into a system that maintains and grows itself; in essence creating a business model that is sustainable. I believe that if you give a man a fish, you feed him for the day. If you teach a man to fish, you feed him for a lifetime.”
—Andrew Abernathey
Listen to the episode on Apple Podcasts, Spotify, Overcast, Stitcher, Castbox, Google Podcasts, or on your favorite podcast platform.
Selected links from the episode:
Bristow Helicopters
Extra Space Storage
Public Storage
The Top 100 Magazine
Trammell Crow by Robert Sobel
